UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549



FORM 8-K



CURRENT REPORT


PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934


Date of Report

(Date of Earliest Event Reported)

July 18, 2012



Merchants Bancshares, Inc.

(Exact name of registrant as specified in its charter)



Delaware

 

0-11595

 

03-0287342

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification Number)

 

 

 

 

 

275 Kennedy Drive
South Burlington, Vermont

 

(802) 658-3400

 

05403

(Address of principal executive offices)

 

(Registrant’s telephone number, including area code)

 

(Zip Code)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

¨

 






Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On July 18, 2012, Thomas S. Leavitt gave notice of his resignation as Executive Vice President, Operations of Merchants Bank (the “Bank”) effective as of the close of business on August 3, 2012. Mr. Leavitt is leaving the Bank to become President and Chief Executive Officer of MountainOne Financial Partners. The Bank has accepted Mr. Leavitt’s resignation and extends its appreciation for his sixteen years of dedicated service.



SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized.



 

MERCHANTS BANCSHARES, INC.

 

 

 

 

By:

/s/ Janet P. Spitler

 

Name:

Janet P. Spitler

 

Title:

Chief Financial Officer & Treasurer
Principal Accounting Officer


Date: July 23, 2012